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Episode 199: A Game of Risk

Words & Numbers

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The Problem With Insurance

When we think about healthcare insurance, what we think about is going to the doctor for free. What we're actually thinking of is maintenance, which has nothing to do with insurance. When we think about health insurance, I think a better analogy is we treat it like a crisis Christmas club that you put money into and then later on, you take money out. That's not what insurance is about.

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